Making a Will
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So, you're curious about making your will?
Maybe you've heard whispers of legal jargon and intimidating paperwork.
But hold on! Making your Will doesn't have to be a mystery.
In fact, it's about taking control and ensuring your wishes are clear for the future.
In this article, we'll break down the essential parts of making a Will, leaving you feeling empowered and ready to tackle making your Will with confidence.
So, the essential decisions that you need to make when making a legally valid Will boil down to only two key things:
Number 1. Choosing your A-Team: These are your "executors," the trusted individuals who carry out your wishes after you're gone. Think of them as your superheroes, ensuring your plans are executed flawlessly.
Number 2. Sharing your Treasure: This is where you decide who inherits your amazing stuff - or, your beneficiaries. Like choosing who gets the biggest slice of cake, or just the cherry on top, it's your call!
So, those are the 2 essentail parts of making a Will, but everybody is different, so depending on your situation, there might be other stops on your roadmap:
- Tiny Treasures: Got kiddos under 18? Think about who'd care for them, even if you're not at the helm. Choosing a guardian ensures a calm and familiar harbour awaits, free from unnecessary squabbles.
- Uncertain Future? Shield Your Legacy: Life throws curveballs. Trusts act like a "fortress" protecting your loved ones from financial hardship, ensuring your support reaches them in the right way no matter what.
- Furry companions? Please don't Fur-get your beloved pets - you can include them in your Will to ensure their future wellbeing
So there you have it, these are the most common considerations when making your Will.
While there definitely can be more to think about, these points cover most people's circumstances.
Remember, making a Will is easier than you might think, so start building a secure future for your loved ones today.
Stay tuned for future articles where we'll dive deeper into each of these considerations and more!
Thank you for reading.